SPX Technologies, Inc.
SPX Technologies, Inc. (SPXC) Financial Performance & Income Statement Overview
Review SPX Technologies, Inc. (SPXC) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
SPX Technologies, Inc. (SPXC) Income Statement & Financial Overview
Analyze SPX Technologies, Inc.’s SPXC earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $482.60M | $533.70M | $483.70M | $501.30M |
| Cost of Revenue | $286.70M | $315.60M | $286.10M | $317.30M |
| Gross Profit | $195.90M | $218.10M | $197.60M | $184.00M |
| Gross Profit Ratio | $0.41 | $0.41 | $0.41 | $0.37 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $109.50M | $108.90M | $101.60M | $101.20M |
| Operating Expenses | $129.30M | $127.90M | $118.70M | $98.90M |
| Total Costs & Expenses | $416.00M | $392.90M | $402.90M | $426.70M |
| Interest Income | $900000.00 | $900000.00 | $600000.00 | $300000.00 |
| Interest Expense | $12.30M | $11.00M | $12.10M | $12.80M |
| Depreciation & Amortization | -$3.60M | $23.70M | $23.50M | $23.40M |
| EBITDA | $66.60M | $114.20M | $103.90M | $99.00M |
| EBITDA Ratio | $0.14 | $0.21 | $0.21 | $0.20 |
| Operating Income | $66.60M | $90.20M | $78.90M | $74.60M |
| Operating Income Ratio | $0.14 | $0.17 | $0.16 | $0.15 |
| Other Income/Expenses (Net) | -$8.70M | -$12.30M | -$12.90M | -$14.20M |
| Income Before Tax | $57.90M | $77.90M | $66.00M | $60.40M |
| Income Before Tax Ratio | $0.12 | $0.15 | $0.14 | $0.12 |
| Income Tax Expense | $6.20M | $21.40M | $15.10M | $15.20M |
| Net Income | $51.20M | $56.50M | $50.20M | $44.20M |
| Net Income Ratio | $0.11 | $0.11 | $0.10 | $0.09 |
| EPS | $1.10 | $1.23 | $1.08 | $0.98 |
| Diluted EPS | $1.09 | $1.21 | $1.06 | $0.96 |
| Weighted Avg Shares Outstanding | $46.45M | $46.19M | $46.30M | $46.25M |
| Weighted Avg Shares Outstanding (Diluted) | $47.12M | $47.37M | $47.27M | $47.16M |
Over the last four quarters, SPX Technologies, Inc. achieved steady financial progress, growing revenue from $501.30M in Q2 2024 to $482.60M in Q1 2025. Gross profit stayed firm with margins at 41% in Q1 2025 versus 37% in Q2 2024. Operating income totaled $66.60M in Q1 2025, maintaining a 14% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $66.60M. Net income dropped to $51.20M, with EPS at $1.10. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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